Icu Medical annual r&d spending
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Icu Medical R&D Spending Growth & History (ICUI)
Icu Medical's r&d spending was $87.5M for fiscal 2025.
View full Icu Medical company overviewIcu Medical annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $87.5M | −$1.1M | −1.26% |
| 2024 | 2024-12-31 | $88.6M | $3.3M | +3.83% |
| 2023 | 2023-12-31 | $85.3M | −$7.6M | −8.22% |
| 2022 | 2022-12-31 | $93.0M | $45.5M | +95.76% |
| 2021 | 2021-12-31 | $47.5M | $4.5M | +10.59% |
| 2020 | 2020-12-31 | $42.9M | −$5.7M | −11.65% |
| 2019 | 2019-12-31 | $48.6M | −$4.3M | −8.05% |
| 2018 | 2018-12-31 | $52.9M | $1.6M | +3.15% |
| 2017 | 2017-12-31 | $51.3M | $38.3M | +295.62% |
| 2016 | 2016-12-31 | $13.0M | −$2.8M | −17.56% |
| 2015 | 2015-12-31 | $15.7M | −$2.6M | −14.28% |
| 2014 | 2014-12-31 | $18.3M | $5.9M | +47.76% |
| 2013 | 2013-12-31 | $12.4M | $1.8M | +16.72% |
| 2012 | 2012-12-31 | $10.6M | $2.0M | +23.78% |
| 2011 | 2011-12-31 | $8.6M | $3.9M | +83.58% |
| 2010 | 2010-12-31 | $4.7M | $2.0M | +76.86% |
| 2009 | 2009-12-31 | $2.6M | −$2.2M | −45.15% |
| 2008 | 2008-12-31 | $4.8M | −$3.3M | −40.55% |
| 2007 | 2007-12-31 | $8.1M | — | — |
Icu Medical quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $22.7M | $835,000 | +3.82% |
| Q1 2026 | 2026-03-31 | $21.3M | −$2.0M | −8.63% |
| Q4 2025 | 2025-12-31 | $21.1M | −$1.3M | −5.68% |
| Q3 2025 | 2025-09-30 | $21.3M | $223,000 | +1.06% |
| Q2 2025 | 2025-06-30 | $21.9M | −$1.5M | −6.51% |
| Q1 2025 | 2025-03-31 | $23.3M | $1.4M | +6.63% |
| Q4 2024 | 2024-12-31 | $22.4M | −$56,000 | −0.25% |
| Q3 2024 | 2024-09-30 | $21.0M | $158,000 | +0.76% |
| Q2 2024 | 2024-06-30 | $23.4M | $1.1M | +4.88% |
| Q1 2024 | 2024-03-31 | $21.8M | $2.1M | +10.53% |
| Q4 2023 | 2023-12-31 | $22.4M | −$1.0M | −4.41% |
| Q3 2023 | 2023-09-30 | $20.9M | −$2.2M | −9.67% |
| Q2 2023 | 2023-06-30 | $22.3M | −$260,000 | −1.15% |
| Q1 2023 | 2023-03-31 | $19.8M | −$4.1M | −17.22% |
| Q4 2022 | 2022-12-31 | $23.4M | $10.3M | +78.08% |
| Q3 2022 | 2022-09-30 | $23.1M | $10.9M | +88.80% |
| Q2 2022 | 2022-06-30 | $22.6M | $11.2M | +98.17% |
| Q1 2022 | 2022-03-31 | $23.9M | $13.2M | +122.91% |
| Q4 2021 | 2021-12-31 | $13.2M | $1.4M | +11.60% |
| Q3 2021 | 2021-09-30 | $12.2M | $2.1M | +20.86% |
| Q2 2021 | 2021-06-30 | $11.4M | $1.1M | +10.76% |
| Q1 2021 | 2021-03-31 | $10.7M | −$37,000 | −0.34% |
| Q4 2020 | 2020-12-31 | $11.8M | −$790,000 | −6.28% |
| Q3 2020 | 2020-09-30 | $10.1M | −$1.9M | −15.63% |
| Q2 2020 | 2020-06-30 | $10.3M | −$920,000 | −8.22% |
| Q1 2020 | 2020-03-31 | $10.7M | −$2.1M | −16.20% |
| Q4 2019 | 2019-12-31 | $12.6M | −$938,000 | −6.94% |
| Q3 2019 | 2019-09-30 | $12.0M | −$1.2M | −8.94% |
| Q2 2019 | 2019-06-30 | $11.2M | −$2.4M | −17.50% |
| Q1 2019 | 2019-03-31 | $12.8M | $237,000 | +1.88% |
| Q4 2018 | 2018-12-31 | $13.5M | −$351,000 | −2.53% |
| Q3 2018 | 2018-09-30 | $13.2M | $412,000 | +3.23% |
| Q2 2018 | 2018-06-30 | $13.6M | $608,000 | +4.69% |
| Q1 2018 | 2018-03-31 | $12.6M | $945,000 | +8.12% |
| Q4 2017 | 2017-12-31 | $13.9M | $11.2M | +422.83% |
| Q3 2017 | 2017-09-30 | $12.8M | $9.1M | +249.84% |
| Q2 2017 | 2017-06-30 | $13.0M | $9.6M | +288.47% |
| Q1 2017 | 2017-03-31 | $11.6M | $8.3M | +251.37% |
| Q4 2016 | 2016-12-31 | $2.7M | −$1.4M | −34.58% |
| Q3 2016 | 2016-09-30 | $3.6M | −$577,000 | −13.65% |
| Q2 2016 | 2016-06-30 | $3.3M | $216,000 | +6.92% |
| Q1 2016 | 2016-03-31 | $3.3M | −$995,000 | −23.10% |
| Q4 2015 | 2015-12-31 | $4.1M | −$1.0M | −20.14% |
| Q3 2015 | 2015-09-30 | $4.2M | −$828,000 | −16.38% |
| Q2 2015 | 2015-06-30 | $3.1M | −$1.4M | −31.63% |
| Q1 2015 | 2015-03-31 | $4.3M | $677,000 | +18.65% |
| Q4 2014 | 2014-12-31 | $5.1M | $1.6M | +46.91% |
| Q3 2014 | 2014-09-30 | $5.1M | $1.9M | +60.99% |
| Q2 2014 | 2014-06-30 | $4.6M | $660,000 | +16.90% |
| Q1 2014 | 2014-03-31 | $3.6M | $1.7M | +90.80% |
| Q4 2013 | 2013-12-31 | $3.5M | $1.2M | +55.77% |
| Q3 2013 | 2013-09-30 | $3.1M | $152,000 | +5.09% |
| Q2 2013 | 2013-06-30 | $3.9M | $1.2M | +43.13% |
| Q1 2013 | 2013-03-31 | $1.9M | −$790,000 | −29.34% |
| Q4 2012 | 2012-12-31 | $2.2M | $52,000 | +2.40% |
| Q3 2012 | 2012-09-30 | $3.0M | $1.1M | +59.19% |
| Q2 2012 | 2012-06-30 | $2.7M | $238,000 | +9.55% |
| Q1 2012 | 2012-03-31 | $2.7M | $641,000 | +31.24% |
| Q4 2011 | 2011-12-31 | $2.2M | $427,000 | +24.53% |
| Q3 2011 | 2011-09-30 | $1.9M | $810,000 | +75.91% |
| Q2 2011 | 2011-06-30 | $2.5M | $1.5M | +161.66% |
| Q1 2011 | 2011-03-31 | $2.1M | $1.1M | +123.53% |
| Q4 2010 | 2010-12-31 | $1.7M | $1.1M | +176.79% |
| Q3 2010 | 2010-09-30 | $1.1M | $406,000 | +61.42% |
| Q2 2010 | 2010-06-30 | $952,000 | $335,000 | +54.29% |
| Q1 2010 | 2010-03-31 | $918,000 | $180,000 | +24.39% |
| Q4 2009 | 2009-12-31 | $629,000 | $135,000 | +27.33% |
| Q3 2009 | 2009-09-30 | $661,000 | −$196,000 | −22.87% |
| Q2 2009 | 2009-06-30 | $617,000 | −$835,000 | −57.51% |
| Q1 2009 | 2009-03-31 | $738,000 | −$1.3M | −63.45% |
| Q4 2008 | 2008-12-31 | $494,000 | — | — |
| Q3 2008 | 2008-09-30 | $857,000 | — | — |
| Q2 2008 | 2008-06-30 | $1.5M | — | — |
| Q1 2008 | 2008-03-31 | $2.0M | — | — |
Icu Medical r&d spending trends
Over the last five fiscal years, Icu Medical's r&d spending increased from $42.9M to $87.5M, a change of $44.5M. The latest reported quarter, Q2 2026, shows $22.7M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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